Search Result for : Anti Dumping

Dated 7th March, 2018 | Copy of | ANTI-DUMPING INVESTIGATION |

Dated 1st January, 2018 | Copy of | Anti-Dumping Investigation Notification Sl.1 | ANTI-DUMPING INVESTIGATION Initiation NotificationCase No. NSR-03/2017(New Shipper Review)  Initiation of New Shipper Review under Rule 22 of the Anti-DumpingRules for determination of individual dumping margin for M/s JanataJute Mills Limited (Producer) in the case of Anti-dumping dutyimposed on “Jute Products” viz–Jute Yarn/Twine (multiple folded/cabled and single), Hessian Fabric and Jute Sacking Bags originatingin or exported from Bangladesh and Nepal. M/s. Janata Jute Mills Limited (Producer) (hereinafter referred to as “Janata”), a producer of the subject goods from Bangladesh has filed an application in accordance with the Customs Tariff Act, 1975 (hereinafter referred to as the Act) as amended from time to time and Customs Tariff (Identification, Assessment and Collection of Anti-Dumping ...

The Dollar Business Bureau The Union Minister for Steel Chaudhary Birender Singh on Friday said the government will ensure that steel products are not brought into the country in the guise of utensils or finished products. “We are keeping an eye on the import of steel in guise of finished products. We will not allow such kind of practice even in trade,” Union Minister of Steel Chaudhary Birender Singh told reporters after addressing a meeting of the National Steel Consumers’ Council here. He stated that the government has been successful in reducing steel imports by 37% which were mostly from China in FY 2017.This happened due to India's tough anti-dumping measures and also due to the withdrawal of the Minimum Import Price of ...

The Dollar Business Bureau In another executive order signed by Donald Trump, the Department of Commerce and the Office of  USTR (US Trade Representative) have been asked to submit, within 90 days, a comprehensive report on the causes of USA's $700 billion trade deficit. Commerce Secretary, Wilbur Ross, is to lead the said investigation of unfair trade practices hurting the US economy. Threatening countries which get away with violating import duties, Trump asserted that a detailed investigation of trade abuses will be done, following which stringent laws will be put in place to prevent them. The move comes immediately before the first diplomatic meeting between Trump and China's President Xi Jinping, scheduled for next week. Although the bill doesn't target any specific country, China has been ...

The Dollar Business Bureau India has started a probe against the dumping from China for a chemical that is used in glass and other sectors to safeguard the domestic manufacturers from cheap imports. The Directorate of Anti-Dumping & Allied Duties (DGAD) has found enough evidence of dumping from China for the chemical. “The authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry,” it said in a notification. The DGAD, in its probe, will determine the degree, existence and effect of the alleged dumping of the chemical and after that recommend the quantum of the duty to be levied, which would be sufficient to remove the injury caused to the local industry. The investigation period is 15 months, i.e. ...

The Dollar Business Bureau  For disseminating information and activities being performed by DGAD (Directorate General of Anti-Dumping & Allied Duties), the Commerce Ministry has launched a dedicated website. The website was launched by the Commerce Secretary Rita Teaotia.  “Rita Teaotia, Commerce Secretary, launched a more informative, user-friendly, dedicated website (http://www.dgtr.gov.in/) for DGAD for disseminating information/activities being performed by DGAD, the Ministry said in a statement on Friday.  The Secy also inaugurated the additional office space built by NBCC to meet the needs of enhanced work responsibilities and for ensuring proper functioning of the DGAD, the release added.  Teaotia appreciated the activities of the CVD Cell which was established in DGAD to defend the Indian exporters’ interests against anti-dumping and countervailing duties by other countries.  She ...

The Dollar Business Bureau The government is taking timely measures to provide a conducive environment for steel industry by enhancing protection from dumping, cheap-quality imports and unfair trade practices, a senior government official said on Tuesday. “However, the steel industry needs to further improve its productivity and cost-competitiveness. In long term, that is going to provide a stable growth,” said Chaudhary Birender Singh, Minister of Steel. Creating a future roadmap for the steel sector, Singh said Mahindra Intertrade Limited and MSTC Limited have signed a joint venture agreement for the country’s first auto-shredding plant on Tuesday. “This will be a revolutionary step in sustainable development as it aims to recycle waste in a cost-effective manner by preserving the inherent value. This can pave the way ...

The Dollar Business Bureau China has expressed concerns over India launching an anti-dumping investigation against Chinese steel products.  The Chinese Ministry of Commerce said it seeks a fair and transparent investigation in accordance with WTO rules. The state-run Xinhua news agency, citing the Chinese Ministry of Commerce, said China is highly concerned by Indian trade remedy measures against Chinese steel products. The world’s largest steel manufacturer said excess steel output is a global challenge, and countries should face it up, rather than coming up with up harsh trade-remedy measures. It underlined that the two countries, India and China, should properly handle trade frictions. Though not for the first time, India had once again announced an anti-dumping probe in April into hot-rolled steel coils shipped ...